Clipper Realty - CLPR Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clipper Realty in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLPR shares.
View CLPR analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 1-year price objectives for Clipper Realty's stock. Their CLPR share price forecasts range from $12.00 to $12.00. On average, they predict the company's share price to reach $12.00 in the next year. This suggests a possible upside of 67.6% from the stock's current price.
View analysts price targets for CLPR or view top-rated stocks among Wall Street analysts.

Clipper Realty's stock was trading at $6.40 at the beginning of the year. Since then, CLPR stock has increased by 11.9% and is now trading at $7.16.
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Clipper Realty saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 76,400 shares, an increase of 38.7% from the December 15th total of 55,100 shares. Based on an average daily trading volume, of 41,200 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.6% of the company's shares are short sold.
View Clipper Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
View our CLPR earnings forecast.

Clipper Realty will be holding an earnings conference call on Thursday, March 16th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 973-528-0005 with passcode "880524".

Clipper Realty Inc. (NYSE:CLPR) released its quarterly earnings results on Tuesday, November, 9th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.16. Clipper Realty had a negative trailing twelve-month return on equity of 10.61% and a negative net margin of 4.59%. During the same quarter in the previous year, the company posted $0.06 earnings per share.

Clipper Realty announced a quarterly dividend on Wednesday, November 9th. Shareholders of record on Monday, November 21st will be paid a dividend of $0.095 per share on Friday, November 25th. This represents a $0.38 annualized dividend and a yield of 5.31%. The ex-dividend date is Friday, November 18th.
Read our dividend analysis for CLPR.

Clipper Realty (NYSE:CLPR) pays an annual dividend of $0.38 per share and currently has a dividend yield of 5.40%. CLPR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CLPR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Clipper Realty investors own include Matinas BioPharma (MTNB), ADMA Biologics (ADMA), Gran Tierra Energy (GTE), New Residential Investment (NRZ), Bionano Genomics (BNGO), CBL & Associates Properties (CBL), DHT (DHT), Pennsylvania Real Estate Investment Trust (PEI), Zosano Pharma (ZSAN) and CNBX Pharmaceuticals (CNBX).

(CLPR) raised $103 million in an initial public offering on Friday, February 10th 2017. The company issued 7,100,000 shares at a price of $13.50-$15.50 per share. FBR and Raymond James served as the underwriters for the IPO and Janney Montgomery Scott and Wunderlich were co-managers.

Clipper Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLPR."

Clipper Realty's stock is owned by many different retail and institutional investors. Top institutional investors include Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include David Bistricer, Harmon Spolan and Sam Levinson.
View institutional ownership trends.

Shares of CLPR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CLPR stock can currently be purchased for approximately $7.16.

Clipper Realty (NYSE:CLPR) has a market capitalization of $114.99 million and generates $122.73 million in revenue each year. The company earns $-7,590,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis.

The company employs 144 workers across the globe.

Clipper Realty's mailing address is 4611 12TH AVENUE SUITE 1L, BROOKLYN NY, 11219. The official website for the company is www.clipperrealty.com. The company can be reached via phone at (718) 438-2804 or via email at investorrelations@clipperrealty.com.